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    Property profile & analytics

    2181 Grand Ave Cincinnati, OH 45214-1509

    • Manufacturing properties
    • 22.60 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US66-5304629
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 2181 Grand Ave

    Lot size
    22.60 lot acres
    Property type
    Manufacturing properties
    APN
    171-0010-0134-00
    APU
    1710010013400

    Description

    This exceptional 67,976-square-foot Class B industrial warehouse, located at 2181 Grand Ave in Cincinnati, Ohio, presents a compelling investment opportunity. Situated on a 4.62-acre lot, the property boasts a 14-foot clear ceiling height and underwent a complete renovation in 2023, including a new roof overlayment. The building features approximately 55,000 square feet of open warehouse space and 11,000 square feet of office space. Four loading docks and four dock-high doors ensure efficient loading and unloading. The entire building is equipped with wet sprinklers, enhancing safety and security. The property is zoned for industrial use and offers ample space for various industrial operations. The asking price is $3,950,000, translating to $58.11 per square foot. Built in 1962, this warehouse benefits from recent upgrades, providing a modern and functional space for a variety of businesses. This prime Cincinnati location, in Hamilton County, zip code 45214, offers excellent access to transportation networks and a strong local workforce. The property's combination of size, location, and recent renovations makes it an attractive investment prospect.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $255,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $225,000
      Mixed-Use
      $275,000
      Hospitality
      $240,000
      Educational
      $265,000
      Residential Income
      $260,000
      Energy
      $275,000
      Income-Based Land
      $240,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.5572
    Latitude
    39.1226
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,737
    $50,775
    $0.00
    $50,775
    -
    $145,070
    $0.00
    $145,070

    Comparable in this City

    • Value Estimation by Request
      0.57 Acres

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    • Value Estimation by Request
      0.04 Acres

      1640 Osterfeld St

      MANUFACTURING (LIGHT) • 0.04 Acres
      1640 Osterfeld St, Cincinnati, OH 45214
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    • Value Estimation by Request
      10,920 SF

      2163 Central Ave

      MANUFACTURING (LIGHT) • 10,920 SF
      2163 Central Ave, Cincinnati, OH 45214-1907
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      9,937 SF

      548 Oliver St

      FACTORY (MANUFACTURING) • 9,937 SF
      548 Oliver St, Cincinnati, OH 45214
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    • Value Estimation by Request
      1.00 Acre

      1213 York St

      MANUFACTURING (LIGHT) • 1.00 Acre
      1213 York St, Cincinnati, OH 45214-2011
      View Details
    • Value Estimation
      $160,000
      8,168 SF

      2620 Colerain Ave

      FACTORY (MANUFACTURING) • 8,168 SF
      2620 Colerain Ave, Cincinnati, OH 45214-1712
      View Details

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      67,976 SF

      Industrial Building Near Downtown Cincinnati

      67,976 SF industrial building with office and warehouse space.
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      102,920 SF

      Industrial Property in Cincinnati, OH

      102,920 SF industrial property available for sale.
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    Similar Nearby for Lease

    • $8 SF/Yr
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      Cincinnati Warehouse and Manufacturing Space

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    • $3,500 /Mo
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      Industrial Space with Freight Elevator

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      Mixed-Use Retail/Residential Property

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    Cincinnati, OH 45214-1509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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